@BTC I think you’re a good chad. You’re smart and you’re a solid whale in the community.
Here is my honest feedback about the idea (nothing personal against any person or group)
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This entire proposal is build on one assumption:
- ‘‘JUP Stakers are losing value by holding JUP and therefore should get compensated with a 50% bonus on their staked JUP.’’ (stating the assumption of the author, not my opinion).
Without even re-discussing the facts of the matter, we could already conclude the discussion here.
Why?
Because the proposal misses the point of Jupuary. Jupuary is not about compensating JUP holders.
Removing the 220M ‘‘we deserve’’ 50% part from the proposal, it leaves just 30M or 7% as a gift for DAO Stakers. In my proposal I suggested even as much as 110 Million / 25% as a gift. I believe we can make it up to 70M - 110M (25%) without completely wacking Jupuary out of balance, while still providing a very strong financial incentive for aligning with Jupuary.
I must admit, this proposal for 250M going to stakers is much less outrageous as those of some others calling many hundreds of Millions of JUP / Dollars going to stakers.
Your proposal seems to resonate mainly with a hand full of few large stakers who are active on Jupresearch which are yourself @BTC, @miuq and a few others.
This is not something the team or the general Jupiter community is in favour of.
Many here will find it hard to take it serious due to the clear conflict of interest. You’re suggesting a large allocation for JUP Stakers, when you yourself are indeed a large JUP Staker.
Even IF there was any merit to the idea of needing 50% compensation, the ~ 50%+++ Active Staking Rewards (ASR) of the last year would have more than made up for it.